State premiers have rejected reform measures to the GST carve-up put forward by Mark McGowan, who is lobbying for Western Australia to get a fairer share of the tax's revenue.
The big Aussie backs WA GST pushBHP has weighed into the GST debate, backing WA's calls for an overhaul of the way the revenue is carved up between the States.
Oil prices have again fallen, with a sell-off continuing the day after data showed a surprise surge in US crude inventories, and Brent settled at its lowest since November 29, the eve of an OPEC production cut deal.
Gold prices have extended losses into a second session as the US dollar strengthened and as investors viewed the testimony from former US FBI director James Comey as containing no significant surprises.
The share market has closed slightly higher as strength in bank and healthcare stocks offset falls by energy companies, as investors wait on key political events overseas.
Quintis has suffered its fourth credit ratings downgrade within a month, after the troubled Indian sandalwood producer on Tuesday revealed more operational and financial issues.
An Israeli tech company has commenced trading on the ASX after raising $5 million from investors through an initial public offering and setting up shop in West Perth.
The corporate watchdog has banned a former Westpac employee from providing financial services after finding he mishandled more than $1 million worth of advice service obligations.
Woodside Petroleum says its joint venture partner at the SNE oilfield offshore Senegal, FAR, has declined to support a transition for the energy giant to eventually take over as operator of the operation.
Local gold explorers Anova Metals and Exterra Resources have entered into a merger agreement, with Anova to wholly acquire Exterra in an all-scrip deal worth $21.3 million.
McGowan's pokies plan to increase WA share of GSTWest Australian Premier Mark McGowan has boldly claimed he can achieve what his predecessor Colin Barnett failed to do
The Australian dollar has crept a little higher against its US counterpart amid falls in oil and iron ore prices and ahead of several key political and monetary events.
Oil prices have plunged five per cent to a one-month low, after an unexpected increase in US inventories of crude and petrol fanned fears that output cuts by major world oil producers have not done much to drain a global glut.
Gold prices have fallen from near seven-month highs on a stronger US dollar and after a written testimony by a former FBI director to the US Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained.
An Australian company operating in the bitcoin and blockchain space has committed to become a 40 per cent shareholder in software company DigitalX by way of a $4.35 million investment.
Better-than-expected economic growth has boosted the Australian dollar, while the share market was steady as gains by banks and healthcare companies offset falls by the supermarket giants.
Apartments specialist Blackburne achieved $62 million worth of sales in one weekend at its latest project in Claremont, with the results confirming strong demand for western suburbs apartments.
West Perth-based copper producer India Resources has entered administration after facing numerous delays at its Surda mine in India, including strikes due to employee payment issues.
It may have only taken about 18 months to build, but Perth's newest hotel – the recently opened Aloft Perth in Rivervale – was a six-year journey for the world's largest hotel operator, and one of Western Australia's biggest home-grown builders.
